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Saturday, July 18, 2009

To encourage each of us, my parents could then top up the balance needed for the particular item and have a big event of taking us shopping with the hard earned cash where we could buy the item we had been saving for. This made us want to save some more each time we were given money for the chores we carried out or received monetary gifts from my friends or relatives.

Once children are able to write, parents can introduce the concept of a budget to build up to the culture of throwing in money into a piggy bank. To implement this, have a weekly allowance for the children and let them get into the habit of writing down how they intend to spend the money. Also stress that this is the money they will use to buy things like ice-cream, candy and birthday gifts for their friends. If they use up the money too fast or on items that were not in their budget, do not add them any money until they get to learn to live within their budgets. This will help them to understand why they sometimes would ask for something and the parents tell them that there is not enough money for the items they are asking for.

By the time children get to their teenage, education on investment vehicles available in the market such as real estate, equity funds, investment in shares and basics in business management can be introduced. This opens up the minds of children to get ready for adulthood and focus on saving towards achieving major goals that can sustain their lives.

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Achievement - Power And Ability Of A Positive Mind

“Attitude is everything!” This statement carries so much truth that if every one took time to think about it and make necessary adjustment in life, then our lives would change for the better. Many times in our quest for self improvement, we have concentrated on changing and improving many things but our attitude.

Attitude is a person’s frame of mind. It is the mindset that a person has that helps him to develop a world view. Attitude is expressed by how we respond to issues. One person once said, “Life is not what happens to you but how you respond to issues”. Two individuals may encounter a similar negative situation but how they will each respond will determine the outcome.

One of the main attitudes we need to embrace is cultivating a positive mindset or attitude. As you read through history you encounter ordinary individuals who did extra ordinary things. Moses in the Bible was known to stammer in his speech but he became the deliverer. Abraham Lincoln on the other hand educated himself; he had no formal education but became the most acclaimed president in the history of the United States.

Mother Teresa, a simple nun in Calcutta also became an icon through her acts of mercy and philanthropy. The list could go on and on. What characterized these people was a positive mindset, they all believed in possibilities and they responded decisively for the good of humanity.

Regardless of your present status and condition, you can accomplish anything with positive thinking. There is power that is released through positive thinking and once it is released, it will always work for you. Positive thinking acts to enhance your abilities and virtues. Nothing is impossible to him that believes.

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